Walter Edward Block is an economist. He’s not just any economist, either; he is a self-professed anarcho-capitalist, which term describes the free-est free traders that ever free traded. He holds the Harold E. Wirth Eminent Scholar Endowed Chair in Economics at the J. A. Butt School of Business at Loyola University/New Orleans, and he is a member of the Faculty Network of the Foundation for Economic Education. So, he has been around the economic block a few times.
He’s not a fan of tariffs, as you might expect from an anarcho-capitalist after the manner of Ludwig von Mises. But as it happens, he’s even less of a fan of the income tax and reckons that tariffs may be the lesser of two evils:
…when it comes to comparative advantage, all too many people are out to lunch insofar as the teachings of Economics 101 are concerned. They fear that other countries…
